NIGHT Funding Rates: Live Across 16 Exchanges

As of 2026-10-04 10:20 UTC, NIGHT perpetual funding averages 0.0027% per 8 hours (2.90% APR) across all 16 exchanges that list it, weighted by 24h volume (median 0.0100%). Highest: KuCoin at 0.0095% per 4h (20.80% APR). Lowest: Kraken at -0.0141% per 1h (-123.93% APR). Going long on Kraken and short on KuCoin collects a gross spread of 0.1322% per 8 hours (144.74% APR) before fees.

Long NIGHT on Kraken and short on KuCoin for a funding gap of 0.1322% per 8 hours. Trading fees, slippage and the price basis between venues reduce the net return; the funding table shows it after fees for your size. See how this gap moved. Learn how funding rate arbitrage works and what a funding rate is.

Frequently asked questions

Is the NIGHT funding rate positive right now?

Mostly yes. NIGHT funding is positive on 11 of the 16 exchanges, which means longs are paying shorts on those venues.

Which exchange has the highest NIGHT funding rate?

KuCoin at 0.0095% per 4h (20.80% APR). The lowest is Kraken at -0.0141% per 1h (-123.93% APR).

What is the NIGHT funding arbitrage spread?

The gross spread is 0.1322% per 8 hours (144.74% APR): long NIGHT on Kraken and short on KuCoin. Trading fees, slippage and price basis reduce the net return.

How often is NIGHT funding paid?

NIGHT funding is paid every 8 hours on Gate and Deepcoin; every 4 hours on KuCoin, XT.COM, Binance, Bitget, BingX, WhiteBIT, LBank, WEEX, Toobit, Aster, Bybit, MEXC, and OKX; every hour on Kraken. Rates on this page are also shown as APR so they can be compared directly.